Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) Short Interest Update

Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totaling 11,296 shares, a decline of 37.1% from the March 31st total of 17,968 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 179,221 shares, the days-to-cover ratio is currently 0.1 days.

Neuberger Berman Short Duration Income ETF Price Performance

NYSEARCA:NBSD remained flat at $50.72 during midday trading on Thursday. 25,520 shares of the company were exchanged, compared to its average volume of 182,137. The business’s 50-day simple moving average is $50.94 and its two-hundred day simple moving average is $51.12. Neuberger Berman Short Duration Income ETF has a 1 year low of $50.42 and a 1 year high of $51.57.

Hedge Funds Weigh In On Neuberger Berman Short Duration Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley grew its position in Neuberger Berman Short Duration Income ETF by 368.2% in the 4th quarter. Morgan Stanley now owns 2,465,782 shares of the company’s stock valued at $126,209,000 after buying an additional 1,939,140 shares during the last quarter. LPL Financial LLC grew its position in Neuberger Berman Short Duration Income ETF by 21.6% in the 4th quarter. LPL Financial LLC now owns 1,292,289 shares of the company’s stock valued at $66,144,000 after buying an additional 229,531 shares during the last quarter. Raymond James Financial Inc. grew its position in Neuberger Berman Short Duration Income ETF by 98.9% in the 3rd quarter. Raymond James Financial Inc. now owns 795,080 shares of the company’s stock valued at $40,676,000 after buying an additional 395,411 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Neuberger Berman Short Duration Income ETF by 6,773.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 447,327 shares of the company’s stock valued at $22,914,000 after buying an additional 440,819 shares during the last quarter. Finally, Paulson Wealth Management Inc. grew its position in Neuberger Berman Short Duration Income ETF by 12.4% in the 4th quarter. Paulson Wealth Management Inc. now owns 245,967 shares of the company’s stock valued at $12,590,000 after buying an additional 27,040 shares during the last quarter.

Neuberger Berman Short Duration Income ETF Company Profile

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.